A.M. Best Rating
A.M. Best Company is a worldwide insurance-rating and information agency that issues in-depth reports and financial strength ratings about insurance organizations.
A Best's Rating is an independent evaluation that subjects all insurers to the same rigorous criteria, providing a valuable benchmark for comparing insurers, no matter where they are based or operate. This is increasingly important in an international market that looks for stability in the face of widespread deregulation, mergers, acquisitions and other factors.
For insurance companies, a favorable Best's Rating is a strategic tool that can enhance consumer confidence in the organization's stability, as well as its attractiveness to investors. Insurance professionals depend on Best's Ratings to evaluate prospective reinsurance accounts, to compare company performance and financial condition, and more. And Best's Ratings provide consumers with the information necessary to make educated insurance buying decisions.
Every year since 1999 Bahamas First has earned a financial strength rating of A- (Excellent) which is only assigned to companies with an excellent ability to meet their ongoing obligations to policyholders. We were the first insurance company in the Bahamas to be awarded an excellent rating and we’re fiercely determined to maintain this level of performance in the future.